1 Crore Home Loan Bank of Baroda

If you're looking for a home loan that can help you fund your dream home, then Bank of Baroda's 1 Crore home loan might be just what you need. With low interest rates and low processing charges, this home loan offers several benefits that can help you save money in the long run. Plus, you can be assured of financial flexibility and convenience with longer tenures and easy top-up loans. What's more, Bank of Baroda Home Loan 1 Crore EMI plans are designed to suit every customer's need, so you can choose the one that's right for you. With no hidden charges and no pre-payment penalty, you can be assured of transparency and flexibility. 

1 Crore Home Loan Bank of Baroda – Highlights 

1 Crore home loan emi for 10 years Bank of Baroda

Here are some general projections of EMI for a 1 Crore home loan from the Bank of Baroda.

1 Crore home loan emi for 10 years Bank of Baroda at a floating rate of 8.40%.

1 Crore home loan emi for 10 years Bank of Baroda at a fixed rate of 10.15%.

For a Home Loan availed at a different interest rate, you can calculate the exact EMI using the  1 Crore loan emi calculator of Bank of Baroda.

1 Crore home loan emi for 20 years Bank of Baroda

1 Crore home loan emi for 20 years Bank of Baroda at a floating rate of 8.40%.

1 Crore home loan emi for 20 years Bank of Baroda at a fixed rate of 10.15%.

1 Crore Bank of Baroda home loan – Fees and Charges 

1 Crore Bank of Baroda home loan – Documents Required 

PAN Card (mandatory for loans above Rs. 10 Lakhs)

Proof of Identity

Proof of Residence

Proof of assets for secured loans

Concerned Property Documents

Additional Documents for Salaried

• Latest 3 months’ Salary Slips & latest 1-month salary slip for Guarantors.
• Form 16 & ITR – last 1 year of Applicants & Guarantors (if applicable).
• Copy of Employee identity Card issued by Employer.
• Appointment/Promotion/Increment letter confirming duration of employment.
• 6 months Bank A/c statement

Additional Documents for Self-employed

• Balance Sheet & Profit & Loss A/c, Computation of Income – Last 2 years
• Last 2 years’ IT Returns
• Business proof, such as a registration certificate or service tax registration.
• IT Assessment / Clearance Certificate, Income Tax Challans / Form 16A / Form 26 AS for income declared in ITR.
• Firm’s PAN card, Address Proof of Firm / Company (for partnership business)

Additional Documents for NRI

• Passport with Visa stamped (mandatory)
• Proof of Indian and Abroad address
• NRE Savings Bank statement of account for the last 6 months

1 Crore Bank of Baroda home loan – Eligibility Criteria 

The criteria set for 1 Crore home loan eligibility in Bank of Baroda is strict, with less scope of flexibility, except for some special cases.

Resident Type:

• Resident Indians
• NRIs holding Indian passports
• PIOs holding foreign passports
• Overseas Citizens of India

Age:

• Minimum Applicant Age: 21 Years
• Minimum Co-applicant Age: 18 Years
• Maximum Age at Loan Maturity:70 years

Maximum Loan Amount Eligibility:

• Mumbai: Rs. 25 Crores
• Hyderabad, New Delhi (including National Capital Region) and Bengaluru: Rs.7.50 Crore
• Other Metros: Rs. 5.00 Crores
• Urban Areas: Rs. 3.00 Crores
• Semi-urban and Rural: Rs. 1.00 Crores
• Chandigarh, Panchkula & Mohali: Rs. 5 Crores